Victoria Hotel Bradford

Victoria Road, Bradford, BD10 8AE

  • Victoria Hotel Bradford
  • Victoria Hotel Bradford
  • Victoria Hotel Bradford
  • Victoria Hotel Bradford
  • Victoria Hotel Bradford
  • Victoria Hotel Bradford

Victoria Hotel Bradford

Traditional Community Local

Situated on a junction within a highly populated suburb of Bradford, The Victoria is a well established community pub. Close to local transport links, the pub is easily accessible by a high volume of adults in the area. Entertainment is key - both live music and live sports viewings are popular with locals. There is no kitchen at the pub making this a drinks trade only site, however an ambitious operator could consider a local deliver in deal with other local businesses.

Enthusiastic Community Operator Wanted

Do you know what it takes to run a great community pub? Are you local to the area? Apply now to hear how Star Pubs & Bars can support you to grow your business.

Pub Features

  • Rolling Tenancy
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Inside, the pub is split into the traditional lounge / tap room layout. There is also space which is currently dedicated to pub games such as pool. The interior design is modest and homely. There is no kitchen at the pub, making this a drinks trade only business.

Outside, the pub holds a prominent position at a busy cross roads. There is space for some outdoor seating to the front, plus there is a pleasant and spacious private beer terrace to the rear of the pub.

Private Accommodation

Private accommodation at the pub consists of bedrooms, kitchen, living room and bathroom. In line with our Ready To Trade Promise, we will ensure that the necessary works are completed at the private accommodation so that you can focus your time on getting your business right.



Premises Licence Details

Please refer to Premises Licence for more information.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 12:00 - 23:00

Financials

Annual Rent £
13,500
Estimated Annual FMOP (Licensee Profit) £
17,867
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
196,232
Estimated Annual Barrelage
181

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
3,139
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
2,000
Deposit Amount £
3,375
Rent In Advance £
260
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
55
Premises Licence Fee £
180
Rates Assessment Fee £
50
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
10,959
Estimated Minimum Ingoing Costs £
8,310

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,853
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased